It doesn’t matter whether you live in Miami, Fl or if you’re just visiting for a holiday, transport is an important thing to budget for. Knowing the average price of cab fares in Miami can help you plan your budget based on your transport needs.

Average Cab Fares in Miami

Miami taxis offer a very affordable way to get around the city. At Yellow Taxi Miami, we aim to offer you competitive rates on all our taxi services. Are rates are as follows:

• $2.95 for the first 1/6 of a mile
• $0.85 for each additional mile until 1 mile
• $0.40 for each 1/6 of a mile after that

This means that you can expect to pay a minimum of $2.95 for your cab fare in Miami. Your first mile will cost $7.20, while each additional mile after that will cost you only $2.40!

These rates are in line with the industry standards in Miami, and you can expect to pay a similar rate for any taxi service.

We offer our premium taxi service on a 24 hour basis, allowing you to catch a taxi at any time you need to. Our rates stay the same regardless of whether you’re catching a taxi at 1 PM in the afternoon or 1 AM in the morning. Yellow Taxi Miami is always here for you!

There are some exceptions to the cab fare costs as listed above. One exception in airport transport. Catching a taxi from the airport is a service that’s often available at a flat rate, regardless of how far your destination is you can expect to pay only $36 or so for transport!

Taxi Cab Fares vs Public Transport

Public transport is perhaps one of the cheapest ways to get around in Miami for both residents and visitors. However, there are some drawbacks to taking public transport.

Firstly, you’ll always need to catch your bus or train. If you’re already late for work, or you have an emergency situation, waiting for the next bus or train simply isn’t an option. Worse yet, you may stand an wait for a bus, only to find that it’s too full, meaning you’ll have to wait even longer for another bus.

There’s a good stop the nearest train or bus stop won’t drop you off at your exact destination either. This means you’ll need to spend a large amount of time walking, both when catching a bus and after getting dropped off.

Perhaps one of the biggest drawbacks of using public transport, however, is having a lot of baggage. In most cases, you are allowed to carry this baggage onto your bus or train. However, if you have more baggage than you can carry, walking with your baggage to your final destination from the drop off point isn’t an option.

This makes a taxi service a far more attractive option for if you’re travelling to and from the airport, or if you want to go do your monthly grocery shopping.

Taxi companies also have insurance to provide for you in the case of an accident, which is another benefit of taking a taxi instead of the bus.

Another benefit of taking a taxi is that you won’t need to pay per person. So taking a taxi is a great way for families to get around.

Cab Fares in Miami for Visitors

Cab fares in Miami are the same for permanent residents as for visitors and holiday goers. However, there are some differences in the services holiday goers are interested, versus what permanent residents will need.

If you’re coming to Miami as a holiday goer, there’s a good chance you’ll be interested in transport from the airport to your accommodation. Many tourists take a special airport shuttle from this, but it’s overpriced and it offers no benefit over taking a taxi. Many taxi companies, such as Yellow Taxi Miami, can help you get to your intended destination for cheaper. Ask us about a flat rate for transportation from the airport and see how you can save money.

Cut Back on Your Travel Budget

Your travel budget will depend on your personal needs. If you’re visiting Miami for business, chances are you won’t be travelling much during the day, as you’ll spend this time working.

However, keep in mind that you may still want to go sightseeing in the evening and over weekends. Find out about the best taxi fare prices to and from the beach, as the beach is a popular place for Miami tourists to visit. Also keep in mind that you’ll need to pay taxi fares to get to your business appointments, visit restaurants and go to popular shopping destinations.

When visiting Miami for business, there’s a good chance you’ll need to travel in peak hour traffic. If this is the case, be sure to always make use of a taxi service instead of booking a ride on a smartphone app. Rideshare providers often increase their rates based on supply and demand, meaning you’ll pay more for getting a ride with your phone than if you were to use a taxi in peak hour.

Seeing as you’ll mainly have weekends available to go to the beach, the same supply and demand issue may increase the cost of your transport for visiting the beach. Once again, using a Miami taxi service will save you money.

If you’re coming to Miami as a holiday goer, you’ll have the same needs as someone visiting for business. Using a taxi service can still help you save money when travelling during peak hours.

Saving on Transport for Permanent Residents

If you’re a permanent resident in Miami, there’s a good chance you use a taxi to travel to work and back every day. If you’ve been using a rideshare provider for your daily commute needs, there’s a good chance you’re overpaying. As mentioned, rideshare providers increase their rates based on the supply and demand. In peak hour times, there’s a lot more demand than supply, so the transport costs can skyrocket during these times.

Taxi services offer the same rate regardless of the time of day, meaning you can save on your daily transport costs by opting for a yellow taxi rather than a rideshare provider.

In your leisure time, it’s also always worth comparing the costs between using a rideshare provider and cab fare. Cab fare rates in Miami are predictable, so by looking on your app, you’ll easily be able to know what option is cheaper.

Benefits of Taking a Taxi

There are many benefits to taking a taxi as your chosen means of transport. Not only are cab fares in Miami often cheaper than other options, there are also additional benefits such as:

• Professional drivers: Taxi companies take a lot of time to screen drivers. Only the best drivers are accepted
• Insurance coverage: There are different kinds of transport available in Miami, but alternatives like public transport might not cover you in case anything unexpected happens
• Reliable: Taxis have been a popular form of transport for many decades now. You can rely on a yellow cab to get you exactly where you need to go in time
• Exceptional service: Taxi services take customer satisfaction seriously. Your business means the world to them. If you aren’t satisfied with the service you receive, the taxi service company will welcome your feedback

All these benefits add up to make taxi services and affordable, convenient and reliable means of transportation. Considering the benefits, it’s no wonder that taxi services are still so popular in Miami.

Getting around is an important part of everyday life. Whether commuting to work and back, going to the shops or visiting friends and family – transport is an essential part of life. Nowadays, consumers have more options than ever to get around. Public transport, owning a car, using ridesharing services or traditional taxis are some of the main options available to commuters.

When it comes to using rideshare versus catching a taxi, the difference can be somewhat vague. Both rideshare providers and taxi’s offer travelers the ability to get a ride using their phones, but they aren’t exactly the same.

What Is a Rideshare Provider?

Rideshare providers are companies that allow their customers to get a ride using an app on their mobile phone, or even a website. Rideshare provider customers simply log into their app, choose their destination and book a ride.

A pool of drivers make use of the app to see where there are commuters, as well as where these commuters are heading. If a trip seems doable, the driver accepts the job, fetches the commuter for his/her current location and drops them off at their destination.

Currently, two of the biggest rideshare companies in the market are Uber and Lyft.

The rise of technology is largely responsible for the popularity of rideshare services that use an app. The ease of ordering a ride on an app makes rideshare services a quite attractive option for a lot of modern consumers.

An important distinction making rideshare providers stand out is their relationship with their drivers. While traditional taxi services employ their own drivers, rideshare providers merely offer a service that connects independent drivers to passengers. These drivers are often self-employed drivers making use of the app to get customers. In some cases, drivers might also work for a company which uses a rideshare app as a platform to gain clientele.

However, in both cases the drivers aren’t directly associated with the rideshare provider. The service offered by rideshare providers isn’t actually transportation, as the provider won’t own the cars that passengers travel in or employ the drivers. In reality, rideshare providers are service providers that bring together passengers and drivers on one easily accessible app. When viewed in that way, the service rideshare providers offer is their app.

Rideshare vs Ride-Hailing Meanings

Traditionally speaking, the services offered by rideshare providers isn’t what ridesharing was all about. The more accurate word for these, and any other taxi service is ride-hailing.

Ridesharing usually refers more to carpooling, where different passengers share the same car to travel to a destination. Often, carpooling passengers have the same final destination in terms of the city, town or area they’re traveling to, but they’re looking to go to a different physical address.

Ride-hailing is the same as calling a taxi or booking a ride on an app, where the passenger books to go to a destinatioSn of their own choice down to the exact physical address.

Regardless of the traditional differences between ridesharing and ride-hailing in technical definition, apps like Uber and Lyft call themselves ridesharing providers. The term by which these companies refer to themselves can’t really be disputed. However, it’s clear from the original definitions that rideshare providers actually came into the market providing ride-hailing services.

Traditional Taxis

Almost everyone is familiar with traditional taxis. The history of taxis goes all the way back to the 17th century, when horse-drawn carriages where used as a means of transportation. Since then, cars have come onto the scene, which has made traveling in a taxi a lot faster and more convenient.

When passengers wish to ride in a taxi, there are multiple ways to get a ride. One of these ways is to stand on the street, wait for a taxi cab to pass by and to hail a ride. The other way is to make a phone call and book a ride to your intended destination.

Neither of these options are quite as convenient as using an app, but that doesn’t mean taxi services aren’t useful anymore. There are many occasions where a taxi service can be a much better choice than using a rideshare provider.

Unlike with rideshare providers, taxi services employ their own drivers and own all their cars. The benefit in this is that all the cars look the same, as many passengers hail a ride while standing next to the road, taxi’s are usually bright yellow. This allows them to stand out among other cars.

Rideshare vs Taxi’s: Which is Better?

Both rideshare and taxi’s are accessible options for passengers to get around. Neither one is specifically bad, although are instances in which one could be better than the other.

Insurance Policies

All taxi service companies are required by law to have insurance. This insurance is to cover any damages in the case of an accident, regardless of whether it’s physical injury or damage to property.

This means that customers traveling with a taxi to their intended destination are covered in the event of an accident. Valuable goods can also be transported onboard a taxi, as damage to these goods will be covered by insurance if they’re damaged in an accident.

Rideshare companies must also comply with the law, and so these companies also offer insurance for every car that’s registered with them. While many passengers believe rideshare services aren’t insured, this is illegal and these companies couldn’t operate if that were the case.

On top of the insurance offered by the rideshare provider, the individual driver’s car insurance might also pay out in the case of injury during an accident, although this amount most probably won’t amount to much for Miami drivers, as the minimum insurance requirements in Florida aren’t very high.

Driver Background Checks

Both taxi services and rideshare providers do checks on drivers beforehand. The minimum requirements for individual taxi companies and rideshare providers can differ. However, it’s common for both types of companies to require drivers to have a minimum of 5 to 7 years without felony charges before application.

Both taxi companies and rideshare providers also offer service quality control. In the case of rideshare providers, customers can rate their driver in the app. This encourages drivers to offer good service and behave in a professional manner during trips, as drivers with higher ratings are often rewarded by the app. Customers will also complain about getting a driver with a low rating, so too many low ratings could mean the end of a driver’s career.

With taxi services, customers are encouraged to report unprofessional behavior from drivers directly to the taxi service. Unprofessionalism or bad driving are major concerns and a driver that causes too much concern could lose their job.

Some taxi services also do additional checks on drivers, such as fitness aptitude tests and driving tests to check coordination and reaction times while driving.

Cost Comparison

Rideshare companies normally charge based on the current demand. What this means is that peak hour traffic times will be much more expensive than traveling at midnight, for instance. This could lead to extremely high costs for trips during peak hours.

Taxi services usually charge a flat rate based on the distance of a trip, although some companies might slightly adjust their rates during rush hour times, as trips will take longer in congested traffic.

However, taxi services are generally much cheaper for traveling in peak times than rideshare. Because so many consumers use rideshare services, the spike in demand for trips on rideshare apps in peak hour will show in the price you pay for a trip.

An additional cost associated with taxi services is tipping the driver. However, tips are optional and passengers can give drivers better tips based on their level of professionalism and how safely they drive.

Transporting Many Passengers

Both rideshare providers and taxi services make use of 5-seater sedans for transporting passengers. Because of this, all cars can transport a maximum of 4 passengers per trip, as one seat is always reserved for the driver.

To transport more than 4 passengers, an additional car has to be booked.

However, when scheduling a ride in advance, such as collection from an airport or party, calling a taxi service is better for transporting many passengers. This is because all cars will leave to collect passengers from the same location at the same time. The drivers will drive together and the taxis will arrive to collect passengers together. This allows passengers to drive together to their destination and arrive at the same time.

When booking two or more cars with a rideshare service, the drivers will most likely travel from different locations and arrive to pick up passengers at different times.

To conclude, both rideshare services and taxis are good options for transport. However, there are still cases where taxis can be cheaper or more practical to use than rideshare services.